One of the main reasons the American Healthcare System is such a sad joke is because of these PE firms. Don't let them come to India. Private healthcare is still affordable to the middle class with health insurance. But these firms would change the scenario in the long run.
Indian public has been seen claiming things like this before most elections nowadays "Mandir is priority, if people start going to temples they will not require hospitals". While proudly thumping their chests. This country is doomed. In the name of religion they've allowed themselves to be ripped by the govt. Hence, Indian govt spends less than 2% on healthcare. Heck, with so many train accidents happening, people still don't want to question their beloved govt. Hardly anyone has traveled in vande bharat but they love boasting about it on WhatsApp while themselves travelling in overcrowded poorly maintained Indian trains. By the time people will actually start understanding the value of real issues, it would've already been too late.
I understand what u say... Y only 'temples' come. Muslims go to 'mosques' there is no problem. Christians go to church there also no problem. Offcourse they can go we don't have any problem with it right. But y ppl like u always have a problem when we Hindus to go our temples...? Isn't this height of hypocrisy?? If ur talking.. talk about all regions or never talk about any... Infact the money wat we Hindus donate to the temples are taken and controlled by govt. Y so? Y only temples?. Wat u said about real issues is fine... But when u talk... Only talk about real issues. Please don't mix relegion... That to targeting only a perticular one. Btw 'the temple' which u try to tell is built by the donations of the ppl of this country... Especially hindus... The govt has not built it in people's money. If ur sensible ull understand wat I'm telling you.
@@Jaibajrangbali1709andhbhakt tumhare popo toll tax 3 times badhane ke target me lage hai... 🤡🤡 Adani amabani ki company par tax 22% Personal income par tax30%... Jai ho modi😂
@@rasingh6893 2-2 chamche 😂😂. Ek aaya dusre ko defend karne. Aur ambani adani ki baat naa karo to hi theek hoga. Ek vacancy nikalega adani to tu apna RESUME leke doodne lagega peeche peeche 🙏🏻🙏🏻
Great report! Very relevant to current events in the US. The US health system sucks too, for many reasons, the issue of private equity firms being one. In many cases private equity firms are owned by unknown investors , without a clear face to top management. This leads to poor accountability. Long time employees at Steward hospitals in Boston have been affected by such mismanagement, and as was mentioned in the video, Steward is in deep trouble right now. Its CEO was subpoenaed by congress, but he did not show up. He faces possible contempt charges. Private equity firms in the US also own many nursing homes, dental clinics, and other secondary and tertiary health care facilities. The central objective in all these is profit, at the expense of patient care. I hope the Indian government will take heed of this terrible trend and act quickly. The US system of health care is a poor model for India.
While in the short run the healthcare facilities, I hope, would both expand to cover the left out strata of the society and enhance to do advanced R&D, in the long run, these PE firms would end up inflating the prices. Would be interesting to see how domestic investors view this opportunity.
From being a regular reader of Finshot to a viewer. I love the narrative way of News and simplification of Jargons. There is a suggestion from my side, The movement of people in background seems so unprofessional.
Only the government can do something like curb PE investments in the health care sector. I hope India's population don't have to face the same situation as Americans where people cannot afford healthcare. 😢
Nice to see Finshots being active on UA-cam. Just a suggestion: I know you guys focus on written stuff, but it'd be cool if you put out more videos on UA-cam. It's easier to watch videos than read sometimes. Keep it up! ❤️
This is really concerning! But we cannot just go down the route of imposing an outright ban on pvt equity Investments in healthcare sector of India. We need to also pay attention to the abysmally low quality and bed availability per 1000 people and without monetary incentive pvt sector won't really do anything to fill that gap. Even though its the primary responsibility of govt, they've anyways failed at it. Before even thinking of imposing restrictions on pvt healthcare providers we first need to upgrade our public healthcare infrastructure which is as good as a third world country. Otherwise India would always continue to lack good quality healthcare. Easier said than done but govt should somehow make the MLAs and MPs take basic treatment in hospitals of their constituency unless that procedure is not available there. Maybe that gives some push to healthcare infra on local level.
Interesting video. It is good that you'll captured the global perspective as well. Hope we don't land up in the same situations now that PE investments are lead by Indian HNIs as well.
Let make our government aware our government hospital are heavily mismanaged less staffing even mbbs doctors not thought properly while internships,culture in medical college is toxic for post graduation resident doctors which has loss to our economy.Students who pursuing medical education are 0.5% student and they feel toxicity in their study how will they treat patient further?now government has stop to open 100% government medical colleges. Now it is difficult thar Some lower middle class person"s son or daughter become doctors.
We should let these healthcare PE investments. I believe if the number of these bad hospitals will increase, the free market will lead to a rise in cheap and good hospitals too. That is the beauty of free market. Many will lose, but overall it will be better .
These private equities to solve the problem of rising inflation "PE made inflation" in healthcare, they are going to get IRDA License and then sell out health and term insurance or they will partner with the existing ones. Plans like 1cr health insurance have already started floating around and then insuarance premiums will go up. India's Consumer index will shot up. We will faster reach the 5tr$ economy mark. Politicians Happy and Middle class citizens unhappy. RIch people can easily afford. Poor people have ayushman bharat and public hospitals. Only Middle class watching your videos will suffer
India's healthcare is still costly for many Indians. Government should put cap on investments by these PE firms otherwise it will be difficult to manage healthcare expenses for low income and middle income Indians.
Good content but the lady 's English pronunciation is too Indian and the voice needs a bit of retraining to make it more soft / mellow -------- hope she doesn't mind at my suggestion.
As for what's gonna happen in India, we are well en route to the same tragedy as US. The GoI will enhance its Essential Medicines List over the years and these investors will flee with the same speed as their arrived. Strengthening the Primary Health Care is the only stable option for us, no matter how implausible it may seem.
Already hospitals where PE firms have invested have become too expensive. Once these PE vultures acquire majority stake in hospitals, they will make it similar to US market.
Just wondering government must have some department monitoring these type of investments, shouldn't they take some action and maybe put restrictions on some basic industries like defence, healthcare to be free from monopolies or outside intervention
Increasing PE in Indian healthcare could also mean that India can become better integrated with global healthcare industry, and become a regional/global hub for quality medical care related value chain opportunities, medical tourism related opportunities etc... if anything goes south with Indian healthcare/hospitals, PEs alone will surely not be the reason for it... PEs only respond to 'market opportunities' and maximize their returns (so do we with our investments, isn't it?!), I see nothing alarming in it, atleast not as alarming as u folks make it sound in this video... Pls do think through your content (esp when it's likely to give such radical narratives) from a broader macro perspective... I generally really like your content, it's super informative, and helps to cut the clutter on complex news in simple words...but this video is a bit of an exaggeration. Keep doing your good work, Finshots team!
First the government should make 100 percent 0 reservation, and then those from the open category and deserving people like us, should be given free education, worth the crores of rupees spent on medical education. There can never be a cap on healthcare, as if someone cannot afford a hospital, they are free to go to government hospitals. People dont go to govt hospitals as they know the chances of survival and quality of care in both. And yes, there should be a cap on lawyers fees, government officials fees too... Judges are lawyers who make rules favourible for themselves and the government, but never care about others. If law is unbiased, there should be a cap where a lawyer cant charge more than 1000 rupees per hearing,😂.
I like your channel, but the speculation over the 'why' of PE investing is sounding more like a conspiracy theory. You are indulging in an alarming scaremongering to such an extent that it sounds as if there was a complete economic collapse in the USA because of PE firms exiting a few of the institutions when the number of exits can easily be counted on fingers. Do you want to set that kind of mistaken belief? Can we go back to the excellence in the content just the way we have had in the past?
Have you ever been to USA? If no visit once. These firms made the healthcare sector a joke. A normal CT scan costs around 1000$ in USA which is 12-15x of India
Healthcare in US and EU is far better even with PE. Its because they have solid regulations. Indian Hospitals are already horrible/ greedy/ criminal openly. Lack of regulations not PE participation is the main issue. Regulations come from.the government which is another debate.
One of the main reasons the American Healthcare System is such a sad joke is because of these PE firms. Don't let them come to India. Private healthcare is still affordable to the middle class with health insurance. But these firms would change the scenario in the long run.
Exactylyyyyy, bro spoke faxx
Health care should have never been a profit making industry.
Profit and greed costs life 😢
Indian public has been seen claiming things like this before most elections nowadays "Mandir is priority, if people start going to temples they will not require hospitals". While proudly thumping their chests. This country is doomed. In the name of religion they've allowed themselves to be ripped by the govt.
Hence, Indian govt spends less than 2% on healthcare.
Heck, with so many train accidents happening, people still don't want to question their beloved govt. Hardly anyone has traveled in vande bharat but they love boasting about it on WhatsApp while themselves travelling in overcrowded poorly maintained Indian trains.
By the time people will actually start understanding the value of real issues, it would've already been too late.
I understand what u say... Y only 'temples' come. Muslims go to 'mosques' there is no problem. Christians go to church there also no problem. Offcourse they can go we don't have any problem with it right. But y ppl like u always have a problem when we Hindus to go our temples...? Isn't this height of hypocrisy?? If ur talking.. talk about all regions or never talk about any... Infact the money wat we Hindus donate to the temples are taken and controlled by govt. Y so? Y only temples?. Wat u said about real issues is fine... But when u talk... Only talk about real issues. Please don't mix relegion... That to targeting only a perticular one. Btw 'the temple' which u try to tell is built by the donations of the ppl of this country... Especially hindus... The govt has not built it in people's money. If ur sensible ull understand wat I'm telling you.
@@devashishgole4722Chamche ho kya 😂
@@Jaibajrangbali1709andhbhakt tumhare popo toll tax 3 times badhane ke target me lage hai... 🤡🤡
Adani amabani ki company par tax 22%
Personal income par tax30%... Jai ho modi😂
@@rasingh6893 2-2 chamche 😂😂. Ek aaya dusre ko defend karne. Aur ambani adani ki baat naa karo to hi theek hoga. Ek vacancy nikalega adani to tu apna RESUME leke doodne lagega peeche peeche 🙏🏻🙏🏻
Great report! Very relevant to current events in the US. The US health system sucks too, for many reasons, the issue of private equity firms being one. In many cases private equity firms are owned by unknown investors , without a clear face to top management. This leads to poor accountability. Long time employees at Steward hospitals in Boston have been affected by such mismanagement, and as was mentioned in the video, Steward is in deep trouble right now. Its CEO was subpoenaed by congress, but he did not show up. He faces possible contempt charges. Private equity firms in the US also own many nursing homes, dental clinics, and other secondary and tertiary health care facilities. The central objective in all these is profit, at the expense of patient care. I hope the Indian government will take heed of this terrible trend and act quickly. The US system of health care is a poor model for India.
Glad you liked our video! You put up some really compelling points
While in the short run the healthcare facilities, I hope, would both expand to cover the left out strata of the society and enhance to do advanced R&D, in the long run, these PE firms would end up inflating the prices. Would be interesting to see how domestic investors view this opportunity.
We should not allow private equity in the healthcare sector. Otherwise it will be disastrous!
Health,education should be
Under state control
but state also need "good" people to run the system. They should focus on hiring "good" people.
you could do that by going only to govt hospital.
From being a regular reader of Finshot to a viewer.
I love the narrative way of News and simplification of Jargons.
There is a suggestion from my side, The movement of people in background seems so unprofessional.
Thank you for the suggestion! We’ll try to work on it
even I find that very annoying. We can literally see them talking on phone or making some actions. just change the place where you shoot your videos.
arre yaar itna chalta hai , btw nice video
Seriously I didn’t notice
Quite informative video, also highlights need for insurance going forward 😊
Awesome video. Makes you wonder if there is no guardrails for foreign instruments buying out Indian health industry.
Only the government can do something like curb PE investments in the health care sector. I hope India's population don't have to face the same situation as Americans where people cannot afford healthcare. 😢
Nice to see Finshots being active on UA-cam. Just a suggestion: I know you guys focus on written stuff, but it'd be cool if you put out more videos on UA-cam. It's easier to watch videos than read sometimes. Keep it up! ❤️
but Reading is a good habit 😅😆🤞🏽
This is really concerning! But we cannot just go down the route of imposing an outright ban on pvt equity Investments in healthcare sector of India. We need to also pay attention to the abysmally low quality and bed availability per 1000 people and without monetary incentive pvt sector won't really do anything to fill that gap. Even though its the primary responsibility of govt, they've anyways failed at it. Before even thinking of imposing restrictions on pvt healthcare providers we first need to upgrade our public healthcare infrastructure which is as good as a third world country. Otherwise India would always continue to lack good quality healthcare. Easier said than done but govt should somehow make the MLAs and MPs take basic treatment in hospitals of their constituency unless that procedure is not available there. Maybe that gives some push to healthcare infra on local level.
Interesting video. It is good that you'll captured the global perspective as well. Hope we don't land up in the same situations now that PE investments are lead by Indian HNIs as well.
Super content..... appreciate your efforts
History repeats itself so it will happen here also. Government and company management has to smart enough to ensure it doesn't happen in India..
Great work
Please keep it up
These investments had left to significant increase in the medical bills.
It is a bad business and eats into the ethos of the noble profession. Dr M Ramaswamy
Let make our government aware our government hospital are heavily mismanaged less staffing even mbbs doctors not thought properly while internships,culture in medical college is toxic for post graduation resident doctors which has loss to our economy.Students who pursuing medical education are 0.5% student and they feel toxicity in their study how will they treat patient further?now government has stop to open 100% government medical colleges. Now it is difficult thar Some lower middle class person"s son or daughter become doctors.
Mind = Blown 😮
Best channel on indian UA-cam
ya , agree
Important info. There is definitely a cost and we know who is going to bear this cost.
PE guys playing in Indian Healthcare is risky for long term patient benefits.
Increasing the govt beds with better quality is need of the hour .
Very informative content.
Lovely video... As usual👌👌👌
We should let these healthcare PE investments. I believe if the number of these bad hospitals will increase, the free market will lead to a rise in cheap and good hospitals too. That is the beauty of free market. Many will lose, but overall it will be better .
Scary stuff
Thanku . Gr8 work.
These private equities to solve the problem of rising inflation "PE made inflation" in healthcare, they are going to get IRDA License and then sell out health and term insurance or they will partner with the existing ones. Plans like 1cr health insurance have already started floating around and then insuarance premiums will go up. India's Consumer index will shot up. We will faster reach the 5tr$ economy mark. Politicians Happy and Middle class citizens unhappy. RIch people can easily afford. Poor people have ayushman bharat and public hospitals. Only Middle class watching your videos will suffer
Mam could you please on subtitle in English I will be good for us 🎉
Nice content!
Quality of service has and will go down, cost of Hospitalization, Diagnostic tests and OPDs will go further up!
Thank you for the video
Can you explain with complete analysis regarding investment nps category 2 i.e hdfc pension fund and normal sip hdfc mutual fund
India's healthcare is still costly for many Indians. Government should put cap on investments by these PE firms otherwise it will be difficult to manage healthcare expenses for low income and middle income Indians.
Honest feedback work on your thumbnail.. it's not catchy🙂...btw like ur content
Good content but the lady 's English pronunciation is too Indian and the voice needs a bit of retraining to make it more soft / mellow -------- hope she doesn't mind at my suggestion.
sir, what is the problem with indian accent ? indeed She is Indian. -- hope you don't mind at my question .
They r doing business, thus their objective is to make profit.
Doing business and looting public money in the form of unnecessary hospital bills are two different things which central govt should see this
As for what's gonna happen in India, we are well en route to the same tragedy as US. The GoI will enhance its Essential Medicines List over the years and these investors will flee with the same speed as their arrived.
Strengthening the Primary Health Care is the only stable option for us, no matter how implausible it may seem.
Why there's no cap on percentage stake holding by foreign based PE firms in Indian hospital chains.
Correct
Already hospitals where PE firms have invested have become too expensive. Once these PE vultures acquire majority stake in hospitals, they will make it similar to US market.
Are they rushing to invest in these hospital chains or the hospital management is running to them for funds to expand ???
informative
Great video 👍
Just wondering government must have some department monitoring these type of investments, shouldn't they take some action and maybe put restrictions on some basic industries like defence, healthcare to be free from monopolies or outside intervention
Health Scare?
😢
Increasing PE in Indian healthcare could also mean that India can become better integrated with global healthcare industry, and become a regional/global hub for quality medical care related value chain opportunities, medical tourism related opportunities etc... if anything goes south with Indian healthcare/hospitals, PEs alone will surely not be the reason for it... PEs only respond to 'market opportunities' and maximize their returns (so do we with our investments, isn't it?!), I see nothing alarming in it, atleast not as alarming as u folks make it sound in this video...
Pls do think through your content (esp when it's likely to give such radical narratives) from a broader macro perspective...
I generally really like your content, it's super informative, and helps to cut the clutter on complex news in simple words...but this video is a bit of an exaggeration.
Keep doing your good work, Finshots team!
Start a hospital then sell to private equity firm then we will have all the money to take any treatment without insurance
How can we invest in this hospital
Second step , health insurance will be marketing, new diseases, …overall Indian health system is paid system
I have a contra view, with increasing competion. Health care might improve.
They shouldn’t be in healthcare business. Feeding off poor and vulnerable sections of the society
😢
First the government should make 100 percent 0 reservation, and then those from the open category and deserving people like us, should be given free education, worth the crores of rupees spent on medical education.
There can never be a cap on healthcare, as if someone cannot afford a hospital, they are free to go to government hospitals. People dont go to govt hospitals as they know the chances of survival and quality of care in both.
And yes, there should be a cap on lawyers fees, government officials fees too... Judges are lawyers who make rules favourible for themselves and the government, but never care about others. If law is unbiased, there should be a cap where a lawyer cant charge more than 1000 rupees per hearing,😂.
👍
India alliance need to step in. India now needs a left government
I subscribed because I had liked Naveen Kulashekhara’s presentation and delivery.
I don’t like this lady’s voice or presentation.
so rude , then unsubscribe it .
बहनजी बात तो अच्छी है, हाथ कम हिलाया करो
Your id
I like your channel, but the speculation over the 'why' of PE investing is sounding more like a conspiracy theory. You are indulging in an alarming scaremongering to such an extent that it sounds as if there was a complete economic collapse in the USA because of PE firms exiting a few of the institutions when the number of exits can easily be counted on fingers. Do you want to set that kind of mistaken belief? Can we go back to the excellence in the content just the way we have had in the past?
Time to bring in AAP
Don't need youtube videos... instead put articles as before
How come you miss the point that it will increase quality of health care with more players and competition. Dont just go with finances
How??🤣
@@EquitySwingTraders more investments in market will help improve quality and create competitiveness among competitors
Not all private hospitals are on stock market, every hospital doesn't look for PE
6:29 watch again
Have you ever been to USA? If no visit once. These firms made the healthcare sector a joke. A normal CT scan costs around 1000$ in USA which is 12-15x of India
Healthcare in US and EU is far better even with PE. Its because they have solid regulations. Indian Hospitals are already horrible/ greedy/ criminal openly. Lack of regulations not PE participation is the main issue. Regulations come from.the government which is another debate.